Wall Street Rallies as Iran Peace Proposal Sends Oil Prices Tumbling; Tech Gains on Arm’s AI Chip Breakthrough

Market Overview: Afternoon Trading and Geopolitical ReliefU.S. equity markets are seeing a broad-based rally during Wednesday afternoon trading as investors react to a significant diplomatic development in the Middle East. Sentiment shifted sharply positive following reports that the U.S. has delivered a comprehensive 15-point peace proposal to Iran via intermediaries in Pakistan. This potential "off-ramp" to the three-week-old conflict has triggered a massive liquidation of the "war premium" in energy mark ...